ETH/BTC – 30M – BUYThe combination Ethereum/Bitcoin (ETH/BTC) breaks through the ascending trendline upwards
A continuation of the bullish trend up to the next resistance at 0.023950000 will persist.
Caution: A possible counter-trend in the direction of the support level at 0.023470000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish signal. The pair is likely to go up.
Additionally a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. this is usually a bullish chart signal. The currency pair is likely to rise.
Additionally a ‘Northern Doji’ candlestick pattern is existing. The chart forms ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.024110000 |
| 2nd High | 0.024010000 |
| Next High | 0.023950000 |
| Current Price | 0.024060000 |
| Next Low | 0.023470000 |
| 2nd Low | 0.023090000 |
| 3rd Low | 0.022470000 |
0.023700000 – 0.023950000 – 0.023890000 – 0.023470000 – 0.023520000 – 0.023690000
Trading Signals: FOREX – ETH – ETH/BTC – BTC – Northern Doji